6715 2ND AVE S $79,000

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    6715 2ND AVE S BIRMINGHAM, AL 35212

    • 4 Beds
    • 2 Baths
    • 2,071 sq.ft.
    • Single-Family
    MLS# 843474 | Active

    $79,000

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    Days On Market: 100 28 Views
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    Property Details

    20% CAP Rate 60% LTV After Rehab INVESTOR SPECIAL, ARV $845,000 on 13 house portfolio! Part of a 13 house portfolio for sale for $510,000, but each house available for individual purchase. When rehabbed, estimated rehab on all properties is $60,000, their combined ARV is $845,000. Should net an average of $675 per property per month after taxes & insurances are deducted. Currently bringing in documented cash flow of $42,500 per year on 5 properties, with an upside of 8 additional properties. Total rental expectation for all is $105,300. We have investor financing, no income, must have 600+ credit score or for no credit check and score then 45% down owner financing for 12 months. CASH price available for Investor buying all 13.

    • General Features
      • County Jefferson
      • Full Bathrooms 2
      • Half Bathrooms 0
      • MLS Market Area EastLake, Woodlawn
      • Property Type Single Family
      • Subdivision - Major EAST WOODLAWN
      • Subdivision - Minor EAST WOODLAWN
      • Year Built 1908
      • Year Built Desc Existing
    • Building Features
      • Attic Pull-Down
      • Attic Y/N Yes
      • Bed Bath Features Shared Bath, Tub/Shower Combo
      • Construction Siding-Other, Siding-Vinyl, Wood
      • Cooling Central (COOL)
      • Decks Y/N No
      • Floors Hardwood
      • Foundation Crawl Space
      • Heating Central (HEAT)
      • IDX Include Yes
      • Historic Register Y/N No
      • KITCHEN EQUIPMENT None
      • Laundry Location Laundry (MLVL)
      • Laundry Space Closet
      • Bedrooms 4
      • Number of Carport Spaces 0
      • Number of Fireplaces 0
      • Number of Garage Spaces Basement Level 0
      • Number of Garage Spaces Main Level 0
      • Number of Levels 1-Story
      • Number of Total Baths 2
      • Number of Total Garage Spaces 0
      • Patio Covered - (PATIO)
      • Patio Y/N Yes
      • ROOMS Bedroom (ROOM), Den/Family (ROOM), Full Bath (ROOM), Kitchen (ROOM), Master Bedroom (ROOM)
      • Split Foyer Y/N No
      • Split Level Y/N No
      • Tri Level Y/N No
    • Room Features
      • Room 7 Level 2
      • Room 8 Full Bath
      • Room 8 Level 1
      • Room 3 Level 1
      • Room 4 Bedroom
      • Room 4 Level 1
      • Room 5 Kitchen
      • Room 5 Level 1
      • Room 6 Bedroom
      • Room 6 Level 1
      • Room 7 Bedroom
      • Room 1 Den/Family
      • Room 1 Level 1
      • Room 2 Master Bedroom
      • Room 2 Level 1
      • Room 3 Full Bath
    • Property Features
      • Exterior Features Porch
      • Log Home Y/N No
      • Lot View Y/N No
      • Number of Acres 0
      • Parking Features Driveway Parking
      • Pool Y/N No
      • Waterfront Y/N No
    • Schools
      • High School SHADES VALLEY
      • Elementary School1 GATE CITY
      • Middle School OSSIE WARE MITCHELL

    Contact

    Whitney Shirley

    Realtor

    000117274

    RE/MAX Realty Brokers

    Direct: 205-223-6025

    Neighborhood

    35212 (BIRMINGHAM) Demographics

    34Median Age
    2,144Population Density (per sq. mile)
    30%College Educated
    $28,010 Estimated Median Income
    2,124Estimated Total Home Owners
    2,939Estimated Total Renters
    42% / 58%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    12,579Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $243,500 Median Sales Price
    12 Homes Sold
    7 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $79,000
        3/15/2019 8:12:00 PM New in Database Source

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        Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.